- Short term mortgage bridging capital for business investment purposes
- Broker fees paid at settlement (talk to us about your Broker incentive)
- Speak directly to a decision maker
- Finance accommodated in VIC, QLD & NSW and Darwin
- Metro centres with a population of 10 000 or more
1st and/or 2nd mortgages over urban residential, industrial, commercial property and vacant land.
Confirmed and verifiable exit strategy
1st Mortgages - - - - - - - - - - - - - - - - - - $50,000 to $1,200,000
2nd Mortgages - - - - - - - - - - - - - - - - - -$50,000 to $150,000 (higher can be considered on a
case by case basis to a maximum of $300,000)
Capitalized monthly OR interest and costs deducted from the loan amount
Residential - - - - - - - - - - - - - - - - - - - - 80%
Industrial/Commercial - - - - - - - - - - - - -75%
Vacant land (1st mortgages only) - - - - - -65%
1st mortgages: - - - - - - - - - - - - - - - - - 1 to 8 months (Minimum 1 month)
2nd mortgages: - - - - - - - - - - - - - - - - -1 to 4 months (Minimum 1 month)
Establishment fee - - - - - - - - - - - - - - 1.5% of the loan amount
Legal and Government fees - - - - - - - - Dependent on structure of the loan
Exit fee and early exit fees - - - - - - - - -nil
Required for 1st mortgage security loans and cost for Borrower’s account
With the exception of vacant land Lender’s interest to be noted on the insurance Certificate
of Currency
1st Mortgage loans- - - - - - - - - - - - - - - From 1.8% per month
2nd Mortgage loans - - - - - - - - - - - - - - From 2.5% per month